Basis in Securities (LO. 8) Eric owns 600 shares of Razor, Inc., stock for which he paid $3,500 in 2016. On December 14, 2020, he sells the 600 shares for $4 per share and pays a commission of $200 on the sale. On January 3, 2021, Eric purchases 500 shares of Razor, Inc., for $3 per share and pays a $150 commission on the purchase. Note: Round any division computation to four decimal places. Use these rounded values in subsequent computations, rounding your final answers to the nearest dollar. Amount realized on 2020 sale Less: Adjusted basis Loss realized on the sale Deferred Recognized Cost of replacement shares deferred wash sale Basis of shares reacquired on January 3, 2021